Do Leaderboard Bonuses Offer Good Value to Players?

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Leaderboard bonuses are among the most lucrative you will find at online casinos. Exclusive prizes are on offer for those who finish in the top places of leaderboards with huge cash prizes the norm.

But are leaderboard bonuses as lucrative as they appear at first glance? Do they offer good value to players?

These are the questions we will explore in this blog post.

What Are Leaderboard Bonuses?

First of all, let’s delve into what leaderboard bonuses and promotions are.

In leaderboards, players are ranked in a table and their place is usually determined by how many times they have won particular games, how much money they have won or how much money they have deposited.

They aren’t the most popular bonuses around, but their presence in online casinos is quite common.

Usually, the leaderboards run for a specific period of time, often a week or a month, but some, e.g. Casumo’s Reel Races, run for just one day.

The big attraction about leaderboard bonuses is the scale of the prizes. For the players who finish at the top of the leaderboards, prizes of tens of thousands of pounds are not uncommon and there are often even bigger top cash prizes to be won.

Games Used with Leaderboard Bonuses

Leaderboard promotions are used with all different kinds of online casino games. Slots, classic casino table games, live casino games and even instant win games have all been the focus of leaderboard promotions in the past.

Entering the Promo

This depends on the specific promotion. With all leaderboard promotions, certain requirements will need to be fulfilled, usually depositing requirements.

Sometimes, the depositing requirements are very small. On the other hand, some leaderboard promotions require considerable minimum deposits for players to enter into the promotion.

Do Leaderboard Promotions Offer Good Value?

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With such weighty prizes available you may be rushing to the first leaderboard promotion you can find. But hold your horses, there are a few things which you must bear in mind first.

Big Deposits Are (Almost) Always Necessary

The bottom line is that the winners of the big prizes in leaderboard promotions are almost always those who deposit large sums of money, the high-rollers you might say.

This is true for pretty much every leaderboard promotion, regardless of the specific rules pertaining to the promotion.

Different Types of Leaderboard Promotions

There are some leaderboard promotions, which are all based on how much money you deposit. You might be rewarded with points for every milestone you meet with your depositing.

  • With a ruleset like this, it is obvious that only the high-rollers will be in with a shot of scooping a prize.
  • If the rules around the leaderboard promotion are based around the amount of money you win on certain games, the same principle generally applies. Realistically, the more you deposit, the more money you are likely to win.
  • For instance, looking at Casumo’s Reel Races again, the aim of the game is to collect the most points by winning as many games as possible in a short period of time. You are almost certainly going to need to deposit a pretty significant amount of money to be in with a chance of winning.

Similarly, some leaderboard promotions are based around the profit you make on a certain game. These types of leaderboard promotions are particularly common on casino table games and live casino games.

  • Again, if you hope to make a big profit, you usually need to deposit considerable money. 

Other leaderboard promotions might be based on completing certain objectives and milestones. Still, you can be sure that large deposits will be needed to complete these objectives.  

Are Leaderboard Promotions Just for High-Rollers?

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Not all leaderboard promotions are created the same and you might come across some which don’t require large depositing.

Nonetheless, generally speaking, the big prizes in leaderboard promotions are reserved for those who deposit large sums of money.

In fact, it is quite feasible that even if you deposit a significant amount of money, you still won’t be near to those top prizes.

Unless you have the means to do so, it is not a good idea to deposit large amounts of money in the hope of making it to the top of the leaderboard.

This is not a sensible strategy, and one which could leave you with a big hole in your pocket.

For most players, our advice is to not get too invested in leaderboard promotions. Whilst the prizes are often quite spectacular and enticing, usually you won’t even be near to those top prizes without some large depositing. 

The likes of deposit bonuses, no deposit bonuses and free spins might not be quite as flashy, but you won’t need to break the bank to get your hands on them.

Unless you are a real high-roller, your best bet is to take advantage of the many other bonuses at online casinos.